McCormick & Company Statistics
Total Valuation
MKC has a market cap or net worth of $20.62 billion. The enterprise value is $24.96 billion.
| Market Cap | 20.62B |
| Enterprise Value | 24.96B |
Important Dates
The last earnings date was Thursday, January 23, 2025, before market open.
| Earnings Date | Jan 23, 2025 |
| Ex-Dividend Date | Dec 30, 2024 |
Share Statistics
MKC has 268.15 million shares outstanding. The number of shares has decreased by -0.07% in one year.
| Current Share Class | 252.52M |
| Shares Outstanding | 268.15M |
| Shares Change (YoY) | -0.07% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.53% |
| Owned by Institutions (%) | 81.97% |
| Float | 266.43M |
Valuation Ratios
The trailing PE ratio is 26.33 and the forward PE ratio is 24.97. MKC's PEG ratio is 4.03.
| PE Ratio | 26.33 |
| Forward PE | 24.97 |
| PS Ratio | 3.12 |
| Forward PS | 2.98 |
| PB Ratio | 3.95 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 31.75 |
| P/OCF Ratio | 22.28 |
| PEG Ratio | 4.03 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.73, with an EV/FCF ratio of 38.57.
| EV / Earnings | 31.65 |
| EV / Sales | 3.71 |
| EV / EBITDA | 19.73 |
| EV / EBIT | 23.15 |
| EV / FCF | 38.57 |
Financial Position
The company has a current ratio of 0.74, with a Debt / Equity ratio of 0.87.
| Current Ratio | 0.74 |
| Quick Ratio | 0.27 |
| Debt / Equity | 0.87 |
| Debt / EBITDA | 3.43 |
| Debt / FCF | 7.11 |
| Interest Coverage | 5.15 |
Financial Efficiency
Return on equity (ROE) is 15.16% and return on invested capital (ROIC) is 6.84%.
| Return on Equity (ROE) | 15.16% |
| Return on Assets (ROA) | 5.20% |
| Return on Invested Capital (ROIC) | 6.84% |
| Return on Capital Employed (ROCE) | 10.58% |
| Revenue Per Employee | $476,858 |
| Profits Per Employee | $55,922 |
| Employee Count | 14,100 |
| Asset Turnover | 0.52 |
| Inventory Turnover | 3.49 |
Taxes
In the past 12 months, MKC has paid $184.00 million in taxes.
| Income Tax | 184.00M |
| Effective Tax Rate | 18.92% |
Stock Price Statistics
The stock price has increased by +13.11% in the last 52 weeks. The beta is 0.75, so MKC's price volatility has been lower than the market average.
| Beta (5Y) | 0.75 |
| 52-Week Price Change | +13.11% |
| 50-Day Moving Average | 76.87 |
| 200-Day Moving Average | 76.38 |
| Relative Strength Index (RSI) | 52.65 |
| Average Volume (20 Days) | 2,175,182 |
Short Selling Information
The latest short interest is 4.99 million, so 1.86% of the outstanding shares have been sold short.
| Short Interest | 4.99M |
| Short Previous Month | 4.47M |
| Short % of Shares Out | 1.86% |
| Short % of Float | 1.87% |
| Short Ratio (days to cover) | 2.80 |
Income Statement
In the last 12 months, MKC had revenue of $6.72 billion and earned $788.50 million in profits. Earnings per share was $2.92.
| Revenue | 6.72B |
| Gross Profit | 2.59B |
| Operating Income | 1.08B |
| Pretax Income | 845.00M |
| Net Income | 788.50M |
| EBITDA | 1.27B |
| EBIT | 1.08B |
| Earnings Per Share (EPS) | $2.92 |
Balance Sheet
The company has $186.10 million in cash and $4.60 billion in debt, giving a net cash position of -$4.42 billion or -$16.47 per share.
| Cash & Cash Equivalents | 186.10M |
| Total Debt | 4.60B |
| Net Cash | -4.42B |
| Net Cash Per Share | -$16.47 |
| Equity (Book Value) | 5.32B |
| Book Value Per Share | 19.74 |
| Working Capital | -743.80M |
Cash Flow
In the last 12 months, operating cash flow was $921.90 million and capital expenditures -$274.90 million, giving a free cash flow of $647.00 million.
| Operating Cash Flow | 921.90M |
| Capital Expenditures | -274.90M |
| Free Cash Flow | 647.00M |
| FCF Per Share | $2.41 |
Margins
Gross margin is 38.54%, with operating and profit margins of 16.04% and 11.73%.
| Gross Margin | 38.54% |
| Operating Margin | 16.04% |
| Pretax Margin | 14.46% |
| Profit Margin | 11.73% |
| EBITDA Margin | 18.82% |
| EBIT Margin | 16.04% |
| FCF Margin | 9.62% |
Dividends & Yields
This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 2.34%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 2.34% |
| Dividend Growth (YoY) | 7.55% |
| Years of Dividend Growth | 38 |
| Payout Ratio | 61.64% |
| Buyback Yield | 0.07% |
| Shareholder Yield | 2.42% |
| Earnings Yield | 3.84% |
| FCF Yield | 3.15% |
Analyst Forecast
The average price target for MKC is $83.75, which is 8.94% higher than the current price. The consensus rating is "Buy".
| Price Target | $83.75 |
| Price Target Difference | 8.94% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 3.60% |
| EPS Growth Forecast (5Y) | 7.21% |
Stock Splits
The last stock split was on December 1, 2020. It was a forward split with a ratio of 2:1.
| Last Split Date | Dec 1, 2020 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
MKC has an Altman Z-Score of 2.62 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.62 |
| Piotroski F-Score | 7 |